The global in-flight catering services market to grow at a CAGR of 6.41% during the period 2018-2022.

Global In-flight Catering Services Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, one of the major drivers for this market is Expansion in existing fleet and launch of new airlines. The global in-flight catering services market is expected to witness a favorable environment because of the launch of new airlines and initiatives taken by established service providers to expand their fleet over the coming years, particularly in APAC, which will witness gradual growth. A few noteworthy examples include the launches of AirAsia India, Ligare Aviation, and Air Costa.

The latest trend gaining momentum in the market is evolution of non-airline aviation services. The in-flight catering services market could benefit from the rise of personal and executive jets. Commercial airlines are facing several challenges such as increased time for security checks, lengthy delays, frequent cancellations, and routes that have to cover major hubs, rather than smaller airports closer to the passengers' desired destinations.

Further, the report states that one of the major factors hindering the growth of this market is Fluctuating airline ticket prices. In recent times, the difference between the highest and lowest prices for every journey has been vast. Sometimes prices in the days leading up to a flight can increase more than 100 percent from the original price.